Experts discussed the Ukrainian RE market

Rentechno announces the creation of the Solar Association and the Renewable Energy Fund

Kyiv hosted the second forum devoted to renewable energy. The Second Ukrainian Renewable Energy Forum 2017 that brought together professional people of energy market was held on 30 th of November at Fairmont Grand Hotel Kyiv. We were very glad to see our friends and colleagues! Mr. Eugen Ladnych, CEO, presented a new direction in the activities of the Rentechno – investment fund program “Joint Investments into the Future” that expand business opportunities for our customers. The presentations aroused great interest and was widely discussed on the sidelines of the event.

Eugene Ladnych, Chief Executive Officer, RENTECHNO (Ukraine), announced the creation of the Ukrainian Solar Energy Association and the Renewable Energy Fund: "There was an idea to create a joint investment institution - the program "Joint Investments into the Future". Such institutions already exist successfully in other industries. Under this program, we plan to build about 10 objects with a capacity of 5 to 10 MW each. We believe that investors are very interested in the sphere of solar energy in Ukraine, they were convinced on their own experience. But there are obstacles - first of all, it is impossible to get technical conditions for connecting projects less than 5 MW, so now all projects in Ukraine are more than 5 MW. In addition, there are questions on bank financing - of course, the rates have been reduced and active financing has begun, but this is a pledge financing, it is not always possible to pay before the start of the project." Also, Eugene Ladnych assured that work on the project has already begun: "Already now there is a Corporate Investment Fund, as well as a company with a ready project, in which we will invest money".